Report Osborne Accused By Tory Mp As Running Uk Like Gordon Brown in House prices and the economy Posted February 8, 2013 He's right, but it needs a slight correction. When he says "High taxes have helped make Britain uncompetitive." No. High housing costs have made British people too expensive to employ. That's where our un-competitiveness stems from. CORRECT, CORRECT CORRECT! THAT'S WHY IT IS ESSENTIAL TO PUT UP INTEREST RATES AND BRING DOWN HOUSE PRICES. ESSENTIAL TO ENFORCE A LENDING MULTIPLE FOR ALL LENDING BY LAW AT 2.5 X FIRST INCOME AND 0.5 X SECOND - WHETHER IT BE PRIME OR SUBPRIME MORTGAGES. Fractional reserve banking should be more tightly controlled. All tax cutting should be to support manufacturing and exporting business. If we did this, in a space of 2 years the entire landscape would alter. Savers would be rewarded. Land values would fall significantly. Building SENSIBLY PRICES HOMES for sale or rent would increase. Jobs in construction would flow. Wage push inflation would reduce to nil or negative. Our competitiveness would improve over time and our standard of living. The losers would be those who bought recently and those sitting on vast, unexpected, unearnt equity they don't need and won't miss in the new cheaper to live in world these policis would create. We are indeed living with A TORY CHANCELLOR who knows little more than Gordon Brown. QE is ruining our economy. Mr Carney as Governor of the B of E.....Oh god, don't start me off.